Are you looking for a home of your own in Nashville, TN but don't have the funds to make a down payment? Well, never fear—rent-to-own is here! Renting to own is an excellent option if you're looking for a home and don't have enough saved up for a down payment. Let's take a look at how rent-to-own works and why it might be the perfect fit for you!
What is Rent-to-Own?
Rent-to-own is essentially an agreement between a tenant and landlord that allows the tenant to rent the home with the option to buy it within a 5-year time range. I want to emphasize the phrase "Option to Buy" -- after you move into the home, if you love it, you can purchase the home; however, if you do not love it, you can walk away from the home and receive your rental deposit back.
Renting to own has some obvious advantages over traditional rental arrangements. For example, you get more time to save up money for a down payment without committing to purchasing the home immediately. Additionally, you can "test drive" the house and area to make sure you really like the home. This is particularly helpful if you are relocating to Nashville and not familar with the area -- renting to own can give you some much-needed breathing room to feel out the area until it's time for you to commit fully.
Unique By Design Realty is the leading real estate company in the Nashville and middle TN market for the Rent To Own Homes Program.
So if you're looking at homes in Nashville, TN and don't quite have enough saved up yet—consider giving rent-to-own agreements a try! You won't regret it!
Unique by Design Realty
Visit us at www.ubdrealty.com
Looking to rent to own in Nashville? Contact our firm today!
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Contact Info C: 615-306-4718
O: 615-541-8300
E: estatesbyjasmine@gmail.com W: https://www.ubdrealty.com/jasminegreer
116 N Main St.
Goodlettsville, TN 37072
License #367621
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